Political Corruption and Malaysian Economic Eco

Table of Contents
Introduction1
Problem faced2
Effect to the individuals (Advantages & Disadvantages) 3
Effect to the Government (Advantages & Disadvantages)4
How to solve the problem5
Action taken by the Government6Suggestion and Recommendation …………………………………………………………………………………………………7 Conclusion …………………………………………………………………………………………………………………………………….8 References & Attachment …………………………………………………………………………………………………………….9

INTRODUCTION

CORRUPTION IN MALAYSIA

Corruption is define as dishonest or fraudulent conduct by those in power, typically involving bribery and the action of making someone or something morally depraved or the state of being so. Corruption and bribery is one of the many issues that bring harm to a country development. All developing and developed country will face these issues whether it is domestic or international. As a developing country, Malaysia also faced the same issue. This has become a major issue in our country. We can see lots of corruption news on the television also in the headlines of newspaper. Corruption can happen anywhere. As said in the definition above, corruptions usually conduct by those who in power which also called as ‘big people’ and have a stable source of money. In Malaysia, corruption is known as ‘duit kopi’. According to Nursyafinaz (The Star online, 2011), it is a culture that greasing the system to serve you first or faster in any transaction.

PROBLEM FACED

Many problems has incurred from these corruption activity such as, it causes loss of energy in any system over time. Such energy loss causes inefficiency. And increased inefficiency is very costly for any system stated by Nursyafinaz (The Star online, 2011). Malaysia will face another serious issue which is inflation, if too much corruption occurs in this country. Besides that, too much corruption also leads to inflation in a country. According to Nasrul...

You May Also Find These Documents Helpful

...﻿Jimmer Young
Zsuzsa Maygar
Political Science 6
17 March 2014
Corruption Research Project
Throughout the world, a fundamental truth that must be acknowledged is that our governments are plagued by corruption. This corruption is a pervasive force firmly entrenched across all societies. With that being said, not all governments were created equal. Corruption manifests itself in a multitude of manners causing some countries to be more corrupted than others. The chief focus of this paper is to examine corruption across the world and analyze the factors that create this issue. Using an array of data analysis techniques I will attempt to investigate governments across the world, and provide insight into the political and economic aspects of corruption.
Primarily, it is important to examine corruption in the world and how it differs from country to country. In order to do so, I will utilize the TI scale. Ranging from zero to ten, this scale is a metric that measures the extent of public sector corruption in countries. A score of ten indicates the least amount of corruption while a score of zero indicates the most amount of corruption. To provide a benchmark, the United States registers a 7.3 on the TI scale and Pakistan has a score of 2.8. Denmark and Finland prove to be the least corrupt...

...enough foreign investment causing the value of its currencies fall tremendously. Secondly, financial sectors with each country were operating very insufficiently and creating trouble in its Asian Economies. Thirdly, the crisis effects the US and the whole world. Resulting, the role of IMF have to attempt and investigate ways to cure the crisis. (Slide 2)
Asian financial crisis happened in 1997. It first began attacked the Thailand currency, baht on May 14th and then follow by the collapse of the largest finance company in Thailand on 23rd of May. Due to the fact it has happened, the poor baht currency in Thailand has lost its currency relation with the US dollars and in fact, it has also affect other countries like Philippines peso, Malaysian ringgit and Indonesia ruppiah
All these countries had to devalue their currencies by more than 30 percent towards the end of January 1998 in order to defend themselves. (Slide 3)
This was only the first round of depreciation. The second round pressures Taiwan NT dollars, South Korean won, Brazilian real, Singaporean dollar and Hongkong dollar. (Slide 4)
The causes of Asian Financial Crisis (Slide 6)
Different countries depends on different economies to see the cause of financial problems. For the past decades, known that the Asian Tiger or Asian Dragons economies has grown 5% to 10% having their economies opened to US financial markets in order to take up their exports and attract foreign investments to ease...

...Political Science and Economic Aspects​​Walsh 9
Running Head: Political Science and Economic Aspects
​
​​Political Science and Economic Aspects of Social Welfare
​​​​​Kyle Walsh
​​​​Heartland Community College
​​​​ Fall Semester 2013
​​​​
​​​​​
​​​Introduction: Social Welfare in the United States
​Social Welfare in the United States has been a controversy in this country since it's genesis. In 1935, when president FDR was elected as leader of a country struggling to lift themselves out of the Great Depression. Welfare Programs such as Social Security laid the foundation for the elaborate social welfare system that we have in our country today. The controversy itself lies in the fact that there are millions of unemployed Americans who find themselves reliant upon the government for many basic needs, however, catering to the needs of the people can have a drastic and insurmountable effect on the nation's economic and social stability.
​​​​​Background
​In each controversy imaginable, there are countless aspects to which the controversy can be viewed from and analyzed and discussed from. The two subject fields that are being discussed are Political Science and Economic as aspects of Social Welfare in the United States.
​Political science, by definition is, "the...

...﻿FINAL PROJECT – CORRUPTION IN INDONESIA
Before we discuss about corruption in Indonesia, first we must know what corruption itself is. In a common view, corruption is misused money which causes a deficit for the country itself. But, corruption itself has a broader meaning beside that, corruption itself come from the word “corrupt” which also mean defective. A misused of power can also be a definition of corruption. Based from oxford dictionary, corrupt has a meaning of “having or showing a willingness to act dishonestly in return for money or personal gain”.
Corruption in Indonesia is already going from Ir. Soekarno era. Even though Ir. Soekarno is well known as a great leader and a great orator, he ever did a corruption which caused him to be overthrown from his era in Indonesia. Corruption which he did is proclaiming himself as a lifetime President of Indonesia. Based on the previous constitution of Indonesia, this action is defying the constitution itself where Republic of Indonesia first is proclaimed as a Republic, and by changing into having a single leader for a lifetime means that Indonesia won’t be a Republic anymore, but Indonesia become a capitalism country. Indonesia have law number UU 31/1999 and UU 8/2010 money laundering, its about the corruption and money laundering.
Based on World Justice...

...Corruption in any form is treated as an incurable disease, a cause of many social and economical evils in the society and it damages the moral and ethical fibres of the civilization. Indisputably, it is correct that corruption breeds many evils in the society and once corruption starts taking place, slowly and gradually whole country passes through its net and it becomes after sometime an incurable disease. From the point of view of economic growth, there seems to be no clear cut correlation between corruption and the economic growth of a country. There may be presence of some social maladies like inequality of income among the people, moral degradation of people due to the prevalence of corruption, but the parameters of economic growth which are taken on percentage or an average basis are entirely different.
we can find several countries having corrupt regime but yielding excellent economic results and other countries with clean regime showing very poor results in terms of economic prosperity and growth.
Transparency International publishes every year lists ranking corruption in various countries. It has just come up with a list of the 10 most corrupt rulers. The list is not given . It can be viewed on the internet. It is against the policy of this site.
This list is neither complete nor exhaustive. Saddam...

...would not have a say. Although the American public has a say, does it really count? The fact of the matter is, the corruption and sleaziness involved in politics can shade the public’s outcry and their voices will not be heard. As Americans, we need to be selective in who we elect to office. As my political cartoon portrays, America is being run by corporations instead of officials. Still no change to this problem has been made.
Over the last few years, the issue of corruption (the abuse of public office for private gain) has attracted renewed interest, both among academics and policymakers. There are a number of reasons why this topic has come under recent inspection. Corruption scandals have toppled governments in both major industrial countries and developing countries. In the transition countries, the shift from command economies to free market economies has created massive opportunities for the appropriation of rents, excessive profits, wealthy entrepreneurs and has often been accompanied by a change from a “well-organized” system of corruption to a more chaotic and toxic one. With the end of the cold war, donor countries have placed less emphasis on political considerations in distributing foreign aid among developing countries and have paid more attention to cases in which aid funds have been misused and have not reached the poor.
Corruption is now being...

...PoliticalCorruption -
Politicalcorruption is one of the biggest problems in the United States government, but not just here in America, in other parts of the world as well. This global issue is making big headlines and it is all over the internet, yet people still don’t fully believe that U.S. politicians are corrupt. The people that are making all of the “under the table” deals have got the American people blinded with false promises. The national debt is growing and we, the people, are blaming the President, illegal immigration, and big companies importing goods but the people that are to blame are representing us right now.
Corruption is defined as moral perversion or the perversion of integrity. (Dictionary.com) This definition fits many of, not only politicians but also judges, CEOs, and even public servants. Valerie Berset-Price says “Companies pay bribes to survive. If you can’t change something, join in.” (“Corruption, Democracy”) Unfortunately, this is how many companies are starting to think. Money is the source of corruption. An article in the New York Times recently reported “In 2009, a judge in Manhattan had a lucrative appointment to hand out: oversight of a diamond district building that’s was drifting into foreclosure.” Nearly 600 people in Manhattan had been approved for this job, but the job went to a lawyer named Mark D. Lebow, who is the husband...

...EASSAY
Causes of Corruption in PAKISTAN
Corruption is the abuse of entrusted power for private gain. It hurts everyone who depends on the integrity of people in a position of authority. Corruption is an evil which has played havoc with the socio-economic development of Pakistan. Corruption is a curse and major hurdle to the progress of Pakistan. Pakistan faces many types of corruption. Commonly known types are
1) Systematic corruption
2) Sporadic (individual) corruption
3) Political (grand) corruption
4) Petty corruption
5) Legal and moral corruption
It is necessary for us to first identify the causes of corruption. It is in its various forms such as bribery, nepotism, extortion has penetrated deep into the vitals of our social system and destroy the moral fiber of our society. It has also become an integral part of our administration, social and political culture. Not only law paid government and private employees but also our senior civil and military officials have fallen to the evil of corruption. Thus it is gnawing away at the vitals of our society. The rising level of it has given the way to opportunism, depression and a sense of insecurity. People have now started thinking there is no end to corruption and that to...